Business •
22 Dec '25
Uganda reports a record $6.5 billion in coffee and gold export earnings for 2025, providing a vital economic boost as the country faces significant cuts in global donor funding.Uganda's coffee exports soared 38% in October 2025, reaching $185.56 million, driven by robust Robusta and Arabic
Business •
20 Dec '25
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
Business •
10 Dec '25
Japan has issued a megaquake advisory after Monday's 7.6-magnitude earthquake struck off the nation's eastern coastJapan's Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo after a strong earthquake struck northeastern Japan. Japan has issued
Business •
27 Nov '25
Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so
Business •
24 Nov '25
According to the American Society of Plastic Surgeons, the Brazilian B*tt Lift, better known as a BBL, has become one of the defining cosmetic procedures of the last decade.Its rise has been fueled by social media trends and the infl
Business •
18 Nov '25
The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.The Ministry says that in October 2025, the Shilling appreciated by 1.3 percent to an av
Business •
14 Nov '25
President Yoweri Kaguta Museveni has warned that continued resistance by coastal East African states to Uganda’s desire for unhindered access to the Indian Ocean could lead to conflict.Speaking on Sunday, Museveni expressed frustration with what he called the “selfish mindset” of som
Business •
06 Nov '25
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Business •
02 Nov '25
AMERICAN forces are reportedly preparing to bomb military installations inside Venezuela – and the strikes could come in a “matter of days or even hours”.Donald Trump has already moved US naval and air assets closer to Venezuelan shores – stoking fears of an all-out war.An a
Business •
31 Oct '25
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,